Consider a country that is initially autarkic and then engages freely in international trade.If this country has a comparative advantage in the production of soybeans,it will most probably

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If a country has a comparative advantage in the production of soybeans, it means it can produce soybeans at a lower opportunity cost than other countries. Therefore, by specializing in soybean production, the country can produce more soybeans than it needs for domestic consumption, and can export the excess to other countries where it does not have a comparative advantage. This allows the country to earn foreign exchange and improve its overall welfare. Therefore, the country will increase the production of soybeans to allow for the export of soybeans.

Consider a Country That Is Initially Autarkic and Then Engages